MARCH 2014 RETAILOBSERVER.COM
35
C
ontinuing its rapid growth trajectory, the winter 2014 Las Vegas Market (January
26-30, at World Market Center Las Vegas) hosted its biggest and best attended
market in its nine-year history. Record-breaking gains in both attendance - with
21% more buyers and 850,000 more square feet of resources than last winter - firmly
cemented the Market's position as the leading furniture, home décor and gift market in
western United States. The summer Market will run July 27-31, 2014, at World Market
Center Las Vegas.
"Las Vegas Market is growing both resources and attendance at an exponential rate, and
this winter marked the largest Market in our history," said Bob Maricich, chief executive
officer, International Market Centers. "In the last 12 months, we have aggregated existing
resources, added new categories and floors and increased participation of local and
regional sales representatives, all of which has sparked momentum."
While the Market experienced overall attendance gains of 21%, growth in the gift
category was most dramatic, with 90% increases over last year. Notable increases in both
home décor and furniture - of 21% and 17% respectively - also contributed to the energy
and palpable buzz at the winter edition.
Leasing activity has been robust in the last 12 months, bringing 1,200 new home décor,
furniture and gift resources to Las Vegas Market in both permanent showrooms and
temporary presentations. In total, 850,000 square feet of resources - 500,000 from gift
and home décor and 350,000 from furniture - has been added since winter 2013.
Additionally, the number of temporary exhibitors has increased by 10% in just one year,
with a record 340 gift and home décor exhibitors showcased on three floors in Building C
and 80 furniture exhibitors featured on B2 at the winter 2014 Market.
LAS VEGAS
MARKET
W inter 2014
Shatters All Previous Records
